The mission in leading bloomington's most historic community performance venue is to harness the power of human connection, create engaging experiences, and foster a deep appreciation for the arts within the community.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$54K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average surplus $12K a year · 1% of revenue · last 6 filings
Worth a look: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $7K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$187K
63% of total assets
Fine: liabilities are 63% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 10 voting members
Looks good: 9 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$555K
Spent
$656K
To programs
68%
Net assets
$111K
By yearFY2020–FY2025
Revenue
$555K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$555K
FY2021$1.3M
FY2022$1.2M
FY2023$991K
FY2024$1.1M
FY2025$1.1M
Expenses
$656K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$656K
FY2021$775K
FY2022$1.4M
FY2023$1.1M
FY2024$1.1M
FY2025$1.1M
Net assets
$111K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$111K
FY2021$589K
FY2022$456K
FY2023$335K
FY2024$315K
FY2025$297K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $446K Management & general 23% · $148K Fundraising 9% · $62K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$53,615Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Steve Versaw’s $86K as Executive Director is at the 22nd percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Steve Versaw$85,985$82,800$28,662———
Jonah Crismore———$74,168$68,000$53,615
Brad Schiesser——$38,942$13,285——
Sara Laughlin——$5,769———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Presents performances and events for the community's enjoyment and enrichment.

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Provided by the organization

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1 program · $446K · in their own filed words · FY2020
01

In accordance with a contract with the city of bloomington, the organization is to develop, manage, fund and promote the buskirk-chumley theatre in bloomington INDIANA.DAYS of usage 56 including 48 public events, 5 REHEARSAL/TECH usages and 3 private EVENTS.TOTAL attendance at events was 9,675THE number of artists served was 494

$446Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$7K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$555K
Ln 12
Gifts and grantsLn 1h$312K
Fees for servicesLn 2g$202K
Other incomeLn 4–11$40K
Money outPt IX
$656K
Ln 25
Programscol B$446K
Managementcol C$148K
Fundraisingcol D$62K
Owns and owesPt X
$111K
net assets · Ln 32
Cash and savingsLn 1–2$280K
Total assetsLn 16$298K
LiabilitiesLn 26$187K
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a10
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$312K
Government grantsLn 1e$55K
Noncash giftsLn 1g$4K
Fees for servicesLn 2g$202K
Investment incomeLn 3$177
Other incomeLn 4–11$40K
Total revenueLn 12$555K
Assets in detailPt X, end of year
CashLn 1$280K
Cash and savings togetherLn 1–2$280K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$298K
LiabilitiesLn 26$187K
Net assetsLn 32$111K
OperationsPt I, VI
EmployeesI 561
VolunteersI 685
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$312K$280K
Land, buildings, equipmentLn 10c$12K$8K
Total assetsLn 16$376K$298K
LiabilitiesLn 26$164K$187K
Net assetsLn 32$211K$111K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$59K$35K$16K$7K
Other salaries and wagesLn 7$306K$183K$86K$37K
Other employee benefitsLn 9$43K$26K$12K$5K
Payroll taxesLn 10$28K$17K$8K$3K
Accounting feesLn 11c$9K$994$7K$142
Advertising and promotionLn 12$10K$7K$2K$1K
Office expensesLn 13$13K$9K$3K$1K
OccupancyLn 16$27K$23K$3K$1K
Depreciation, depletion and amortizationLn 22$5K$4K$498
InsuranceLn 23$10K$7K$3K
Other expenses (24a–d)Ln 24$143K$135K$3K$5K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$656K$446K$148K$62K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.1M−$25K$297K 990 PDF
FY2024 $1.1M$1.1M−$22K$315K 990 PDF
FY2023 $991K$1.1M−$125K$335K 990 PDF
FY2022 $1.2M$1.4M−$132K$456K 990 PDF
FY2021 $1.3M$775K$478K$589K 990 PDF
FY2020 Viewing $555K$656K−$100K$111K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $555,085 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $263,067$312,309
I-9 Program service revenuePrior year $675,875$202,141
I-10 Investment incomePrior year $382$177
I-11 Other revenuePrior year $88,520$40,458
I-12 Total revenuePrior year $1,027,844$555,085
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $483,893$436,586
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $552,504$218,950
I-18 Total expensesPrior year $1,036,397$655,536
I-19 Revenue less expensesPrior year −$8,553−$100,451
Part VI · Governance 9 of 10 board members independent, 1 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members9
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $555,085 across 8 lines filed
Lines not itemized here account for $11,608 of total revenue; see the IRS return.
VIII-1e Government grants$55,000
VIII-1f All other contributions, gifts and grants$257,309
VIII-1g Noncash contributions (included above)$3,689
VIII-1h Total contributions, gifts and grants$312,309
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $202,141$202,141
VIII-3 Investment incomeExcluded from tax $177$177
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $28,850$28,850
VIII-12 Total revenueRelated to mission $242,599 · Unrelated business $0 · Excluded from tax $177$555,085
Part IX · Statement of functional expenses $655,536 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $34,976 · Management $16,462 · Fundraising $7,167$58,605
IX-7 Other salaries and wagesPrograms $182,826 · Management $86,043 · Fundraising $37,461$306,330
IX-9 Other employee benefitsPrograms $25,756 · Management $12,121 · Fundraising $5,277$43,154
IX-10 Payroll taxesPrograms $17,008 · Management $8,004 · Fundraising $3,485$28,497
IX-11c Accounting feesPrograms $994 · Management $7,459 · Fundraising $142$8,595
IX-12 Advertising and promotionPrograms $7,030 · Management $2,008 · Fundraising $1,004$10,042
IX-13 Office expensesPrograms $8,971 · Management $2,563 · Fundraising $1,282$12,816
IX-16 OccupancyPrograms $23,009 · Management $2,707 · Fundraising $1,353$27,069
IX-22 Depreciation, depletion and amortizationManagement $4,480 · Fundraising $498$4,978
IX-23 InsurancePrograms $6,839 · Management $2,931$9,770
IX-24 Other expenses (24a–d)Programs $135,150 · Management $2,853 · Fundraising $4,564$142,567
IX-24e All other expensesPrograms $3,113$3,113
IX-25 Total functional expensesPrograms $445,672 · Management $147,631 · Fundraising $62,233$655,536
Part X · Balance sheet $297,560 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $312,180$279,508
X-4 Accounts receivableStart of year $43,077$3,973
X-9 Prepaid expenses and deferred chargesStart of year $8,500$6,250
X-10c Land, buildings and equipment, netStart of year $11,867$7,829
X-16 Total assetsStart of year $375,624$297,560
X-17 Accounts payable and accrued expensesStart of year $9,515$8,865
X-19 Deferred revenueStart of year $154,940$84,177
X-25 Other liabilitiesStart of year $0$93,800
X-26 Total liabilitiesStart of year $164,455$186,842
X-27 Net assets without donor restrictionsStart of year $211,169$110,718
X-32 Total net assets or fund balancesStart of year $211,169$110,718
X-33 Total liabilities and net assetsStart of year $375,624$297,560
Part XI · Reconciliation of net assets $110,718 net assets at year end
XI-1 Total revenue$555,085
XI-2 Total expenses$655,536
XI-3 Revenue less expenses−$100,451
XI-4 Net assets at start of year$211,169
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$110,718

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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